Gaming, VR World

Growth of Titans: Activision's Q2 Earnings Surpass Predictions

Activision-Blizzard surprised investors and analysts with a better than expected earnings report for its second quarter. In Activision-Blizzard’s newly released second-quarter earnings report, the gaming giant reveals that its revenue for the second quarter has surpassed original projections by $60 million. The company managed to top $970 million in revenue for the second quarter ending on June 30, 2014, pulling in a profit of $204 million citing continued growth in digital market as a major source of profits. However, while these better-than-expected figures pleasantly surprised analysts and investors when put in a broader context it shows that Activision-Blizzard’s revenue and profits are on an overall decline. Compared to